Both are good, but they mean different things: Deposit: Actually putting the money into the bank i.e when you go there and give the bank employee/teller your money. Save: Keeping money in your account so that it gains interest.

'Depositing' usually describes the physical or electronic act of putting money into a bank. "This morning I deposited $100 into my bank account". Maybe I went to the bank in person to put the money into my account, or maybe I used some software to do it. 'Saving' does not refer to this physical or electronic act of putting specific money into the account. It's a general description of the accumulation of money at a bank over time. "I'm saving money at the bank so I can buy a house". ie I am accumulating or putting money into my bank (over time) so I can buy a house.

I deposited money to my account. Note that “deposit to an account” sounds more precise. I put money in the bank. (Colloquial) I made a deposit to my account. (Also very common) Saving money in a bank is grammatically fine but “in a bank” wouldn’t usually add much unless you are contrasting it with something else. I’m saving money for the honeymoon. (By default this would be in a bank. There would be no point in saying it) Grandpa saves his money in the bank. He doesn’t believe in investing in the stock market. My savings are at Wells Fargo. (The name of my bank)

Both are correct, but have different meanings. To 'save money in the bank' is to keep money in a bank account, often with an implication that you might be trying to accumulate enough for a specific purpose. To 'deposit money into the bank' is simply to pay money into a bank account. So 'save' is the keeping and accumulation, 'deposit' is simply to put into.

you will deposit your savings in the bank. Hope this will help Colette British